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Financial Liaison Meeting November, 2008 Role of the Liaison Be the primary financial contact (connecting link) between the Business Office and the college or college-level unit Facilitate enhanced communication and feedback to Business Office of immediate needs and concerns in unit

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Role of the Liaison

  • Be the primary financial contact (connecting link) between the Business Office and the college or college-level unit

  • Facilitate enhanced communication and feedback to Business Office of immediate needs and concerns in unit

  • Participate in quarterly meetings where new financial concepts, policies & procedures will be discussed

  • Assist the Business Office with suggestions for streamlining and automating systems within Banner

  • Disseminate financial information, new policies, procedures and reporting tools back to unit


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AGENDA ITEMS

  • Budget Services-carryover, roll date, transfers and give back

  • Reporting -reserves, new base report

  • Maintenance of Banner Queues

  • Xtender Update

  • Q&A

  • Future Meeting topics???


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BUDGET SERVICES OFFICE

  • Web Page www.auburn.edu/budget

  • One-Time, Temporary Funded Give Backs

  • 2008 Carryover

  • Budget Transfers


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Reserve Reporting


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Reserve Reporting Data Collection

Extract BC1 transactions for Unrestricted funds (10x001 – 10x003) no cost shares

Extract year end fund balances by org hierarchy for gifts, expendable endowments, unexpended plant funds and R&R plant funds

Compare Reserves by Unit to Prior Year

Information Provided to Administration, College Deans, Provost & Vice Presidents





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DATA by COLLEGE Provided to Dean & Financial Liaison-Unrestricted by FOAP



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Reports Unrestricted by Fund

Key Reports for Monthly Use:

FGRBDSC – Budget Status Report (YTD accumulation by account within Fund/Org) Available on demand or in e~Print

FGRODTA – Daily Transactions (monthly detailed transactions excluding payroll distribution) Available on demand for extended periods or monthly reporting in e~Print

Grant Inception to Date (C&G reporting FRRGITD…)

Payroll Distribution Reports (e~Print)

DISCUSSION FOR TODAY: New Base Budget Reports

Future 045 Replacement

What’s Missing??


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E~Print New Budget Report Unrestricted by Fund

  • Three reports focusing on Base Budgets

    • Base Report without Benefits

    • Base Report Labor Only

    • Base Report Operational Accts Only

  • Reports are sorted using the Organizational Hierarchy in Banner

  • Can extract entire University, division, executive level, or college

  • Summary data is by college, executive level and division


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Review of Organizational Hierarchy Unrestricted by Fund

A = Chart

1 = Division level

10 = Executive Level

100 = College or Major Unit

1000 = School

10000 = Department

100000 = Data Entryable Org


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E~Print Repository Unrestricted by Fund

3 Reports


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Drill down on most current report. Unrestricted by Fund

View just your area by using Magnifying glass or entire report using PDF.



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Select College, Executive Level or Division as Required executive level or division(example: selected Executive Level 12)


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  • Reports In Process executive level or division:

  • GL versus SL Comparison - -Status: Budget Services finalizing report accuracy

  • Purpose: Report will allow Budget Office to identify funds where GL & SL do/do not

  • match. Specific fund types are identified in report comparison. Some

  • operating ledger balances should not match general ledger fund

  • balances. (Example would be auxiliaries. Operational budget is there

  • as guideline. Not intended to match as they do not want entire asset

  • pool available for current year spending.)

  • Funds identified for comparison reporting are contracts & grants (2A-2D),

  • restricted gifts, scholarships and fellowships (2G-2R), athletic auxiliaries (3C),

  • plant funds (9A-9J) and ACES Appropriations (2F).

  • Budget Office will run routinely to identify areas out-of-balance and

  • work with Controller’s Office, Bursar’s Office or department to correct.


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Reports In Process continued: executive level or division

Departmental Operating Summary (FRS 045 replacement)

Report is about 80% complete. Will be available to users monthly in

e~Print. Users will be able to extract data using Organizational

Hierarchy (College, School or Department).

Report will provide users with summary report of all fund-org

combinations. Quick access to the available balances and fund

balances by fund type.

All unrestricted information will be summarized within a department,

followed by contract & grant FRIGITD available balance & GL fund

balance. Restricted funds, plant funds (including R&R) will follow.

Report looks beyond just the operational ledger available balances.


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Other Report Needs executive level or division

If you have reporting needs, please provide a detailed sketch or marked up report lay out that can be forwarded to me for review (I will get with specific Business Office area to see if a report is already available or if there is consensus on need).

Remember Banner has numerous ways to get to your data. If this is something you require routinely, perhaps an automated report could be created.


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